Everybody dreams of making money out of the thing they really enjoy doing. But what if your dream comes true? What are the tax consequences? If you bake a few cakes and sell them at a local market on a Saturday morning, or make quilts that you sell ...
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Recent leadership instability in the national government has shortened the odds of a Labor Party victory at the next federal election. Labor has proposed significant changes to property taxes if it wins government, the implications of which if implemented ...
How bad are reverse mortgages? Let me put it another way. How long would it take for your equity to be completely wiped out because you borrowed money against your home? While there's no denying that in the right circumstances reverse mortgages ...
We asked nine of our finance experts which money book had the biggest influence on their lives... The Richest Man in Babylon George S. Clason Before I had heard of Warren Buffett I was given a copy, I think in the mid-1970s, of The Richest Man in Babylon. ...
Think ahead, because the time may come when you can't manage your own affairs Chances are that if you're at all concerned about your finances, you've given some thought to how that will be managed by your loved ones when you die. But as the population ...
What if you fall in love with someone who has a vastly different approach to money? For example, you are a good saver yet your partner loves to spend money. Or you love to shop and your partner doesn't want to part with a cent. Not all couples have ...
Will it get harder for self-managed super funds to borrow? It is already getting trickier on a number of levels. For starters, the Australian Prudential and Regulation Authority (APRA) crackdown on investor lending has already made it tougher for self-managed ...
I've earned millions of points, and spent them over the past few years and I'm not alone. Smart credit card users the world over are learning how to gamify frequent flyer programs in a constructive way. Here in Australia, where younger demographics ...
Hands up who has borrowed money from their kids? My daughter kept her birthday, Christmas present and pocket money at home, saving it up. Both my husband and I asked to borrow it when we needed cash and didn't have time to go to the ATM. One time we ...
Almost five million Australians are in a dud MySuper fund, unaware that their retirement dreams could be wrecked. But it's not too late to do something about it. Whether you're in your 20s, 30s, 40s, 50s or early 60s, you can dramatically boost your ...
